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[quote=Anonymous][quote=Anonymous]Why would you let 15k go to collections if you had more than enough cash savings to pay it?

You sound like you desperately need some basic financial literacy. I would look into your local adult Ed programs and see if anything us available. You will never get into a better financial situation if you continue your current patterns.

I'm also not sure how you can expect to get useful help here when you've provided random pieces of information about your finances, and shown no willingness to cut any of the few expenses you have mentioned. You listed 4 things that total $1850-without adding in dinners, weekend meals, car or transit costs, utilities if you have them, clothing, hygiene and household items, etc. yet you think you can spend no more than $1900 a month? [/quote]

Where do you get that I'm not willing to cut any of my expenses?  I said in a prior post I'm going to start bringing breakfast to work to save $15 a week.  I didn't have ANY savings when I accumulated the debt - I was out of work and in order to have cash to pay rent, I put everything else on my credit card (I did not eat out at ALL then). When I finally got work, I immediately began saving so that god forbid I was out of work again, I would not have to go back on unemployment and food stamps.  Prior to that, I had perfect credit and saved reliably. When I got laid off I was able to live for a year on my savings comfortably. If I got laid off today I could live on the $25k for a year, though it wouldn't be comfortable.

I do not have to pay utilities, and can walk to/from work, plus to the grocery store, drugstore, and library. I spend $3 a week getting to my volunteer position. Haven't bought new clothes in about 5 years. I don't need basic financial literacy - I just need someone to set me back on the right track which I feel far off of. [/quote]

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